Business Standard

Thursday, January 23, 2025 | 11:35 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Page 2 - Semiconductor

Suchi Semicon starts plant without govt's incentive, plans to spend $100 mn

Gujarat-based Suchi Semicon has started production of semiconductors without the Centre's incentive and plans to invest USD 100 million in three years, a top official of the company said on Sunday. Suchi Group Chairman and Suchi Semicon founder Ashok Mehta said though the company has applied for the Centre's incentive under SPECS (Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors) and India Semiconductor Mission, it does not want to hold on to production for the sake of incentives. "We have a full proof business plan. Our business plan is not primarily for incentives. We have set up a plant to do business. The Centre's approval will come when we meet their requirements. We have made USD 100 million (about Rs 840 crore) investment plan over three years," Mehta said. He said that the state government has approved 20 per cent incentives for the plant. "At the time of Covid when there was shortage of semiconductors, Prime Minister Narendra Modi had asked

Suchi Semicon starts plant without govt's incentive, plans to spend $100 mn
Updated On : 15 Dec 2024 | 12:57 PM IST

EU probes Nvidia over potential bundling practices in AI chip market

The company has seen high demand from customers involved in generative AI and accelerated computing for its chips

EU probes Nvidia over potential bundling practices in AI chip market
Updated On : 06 Dec 2024 | 6:49 PM IST

China's ban on high-tech materials could impact industries, economy

China has banned exports of key materials used to make a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded export controls to include dozens of Chinese companies that make equipment used to produce advanced computer chips. Both sides say their controls are justified by national security concerns and both accuse the other of weaponising trade. Analysts say the latest restrictions could have a wide impact on manufacturing in many industries and supply chains. Critical mineral security is now intrinsically linked to the escalating tech trade war, Gracelin Baskaran and Meredith Schwartz of the Center for Strategic International Studies, wrote in a report on Beijing's decision. The full impact will depend partly on whether US industries can compensate for any loss of access to the strategically important materials, equipment and components. Here's why this could be a tipping point in trade confli

China's ban on high-tech materials could impact industries, economy
Updated On : 06 Dec 2024 | 2:42 PM IST

TSMC in talks with Nvidia for Blackwell AI chip production in Arizona

The agreement, if finalised, would secure another customer for TSMC's Arizona facility, which is scheduled to start volume production next year

TSMC in talks with Nvidia for Blackwell AI chip production in Arizona
Updated On : 05 Dec 2024 | 6:34 PM IST

Any US tariffs on Brics nations could impact semiconductor supply: Malaysia

Trade minister Tengku Zafrul Aziz said Malaysia was closely monitoring developments after US President-elect Donald Trump said Brics members would face 100 per cent tariffs

Any US tariffs on Brics nations could impact semiconductor supply: Malaysia
Updated On : 05 Dec 2024 | 11:18 AM IST

Maharashtra aims $1 trillion GDP with growth in manufacturing, services

Maharashtra plans to double its GDP to $1 trillion by 2030, focusing on manufacturing, EVs, semiconductors, and power reforms while maintaining its lead in FDI inflows and boosting infra development

Maharashtra aims $1 trillion GDP with growth in manufacturing, services
Updated On : 04 Dec 2024 | 9:13 AM IST

Microchip Technology pauses Chips Act application amid inventory woes

The struggling chipmaker was in line for $162 million in grants from the Chips and Science Act to support plants in Oregon and Colorado

Microchip Technology pauses Chips Act application amid inventory woes
Updated On : 04 Dec 2024 | 8:47 AM IST

Japanese firms eager to set up semiconductor units in India: Deloitte

Japanese firms are keen to set up semiconductor units in India and they have all the expertise and specialisation to partner with domestic firms, Deloitte has said. It also said that skilled workforce, funds and continuation of support measures are key to push growth of the semiconductor sector in India. Japanese firms are "super enthusiastic" about India, Shingo Kamaya, Deloitte AP and SRT Leader, Deloitte Japan said. In July, Japan became the second Quad partner after the US to sign an agreement with India for the joint development of the semiconductor ecosystem and maintain the resilience of its global supply chain. The two countries signed the memorandum for semiconductor design, manufacturing, equipment research, talent development and to bring resilience in the semiconductor supply chain. With around 100 semiconductor manufacturing plants, Japan is among the top five countries to have a semiconductor ecosystem. Japan houses companies that are global leaders in raw form of .

Japanese firms eager to set up semiconductor units in India: Deloitte
Updated On : 03 Dec 2024 | 2:23 PM IST

Intel CEO Pat Gelsinger steps down in less than 4 yrs after taking helm

Gelsinger, who resigned on Dec. 1, left the company before the completion of an ambitious and costly four-year plan to restore the company's lead in making the fastest and smallest computer chips

Intel CEO Pat Gelsinger steps down in less than 4 yrs after taking helm
Updated On : 03 Dec 2024 | 10:44 AM IST

From chips to tourism, UP marks out sectors for support and growth

Awasthi said that CM Adityanath's dream is to make UP the most prosperous state of the country with its GSDP ahead of Maharashtra or any other

From chips to tourism, UP marks out sectors for support and growth
Updated On : 29 Nov 2024 | 6:27 AM IST

Biden admin readies China's chip curbs that stop short of earlier proposals

The restrictions could be unveiled as soon as next week, said the people, who emphasised that the timing and contours of the rules have changed several times

Biden admin readies China's chip curbs that stop short of earlier proposals
Updated On : 28 Nov 2024 | 9:38 AM IST

Japan's top chip distributor Macnica eyes acquisitions in India, China

Yokohama-based company, which often draws comparisons with factory automation provider Keyence Corp., may also conduct acquisitions to expand into other arenas, such as cybersecurity

Japan's top chip distributor Macnica eyes acquisitions in India, China
Updated On : 27 Nov 2024 | 8:47 AM IST

Tech giant Huawei launches Mate 70 smartphone as new US chip curbs loom

The Mate 70 is the first mainstream smartphone to include a satellite paging system, has an improved processor and runs on Huawei's own HarmonyOS Next operating system

Tech giant Huawei launches Mate 70 smartphone as new US chip curbs loom
Updated On : 26 Nov 2024 | 1:58 PM IST

Govt to come out with legal framework to ensure data privacy: Piyush Goyal

India will come out with a legal framework to ensure data privacy that will encourage free data flow among trusted partners, Commerce and Industry Minister Piyush Goyal on Thursday said, as he sought investment in technology and innovation. Speaking at the UK India Business Council's 'UK-India Technology Futures Conference', the minister said India and the UK can collaborate on technology in the fields of AI education, telemedicine, climate modelling, precision agriculture and organic chemical, electronic and food industries. Goyal pointed out that it will be important to understand how in the future the digital world and sustainability issues will intersect. A major portion of energy will be consumed by systems that will churn out data and that will have an impact on sustainability issues, he said, adding that there are very few places in the world where there is an interconnected grid in the way that India has. The minister said that by 2030, India would have a thousand-gigawatt

Govt to come out with legal framework to ensure data privacy: Piyush Goyal
Updated On : 21 Nov 2024 | 9:39 PM IST

Qualcomm positive on Trump administration as it sees growth in chip sales

Responding to another analyst question, Qualcomm Chief Executive Cristiano Amon said he does not foresee problems competing for business in China, which accounted for 46 per cent of Qualcomm's nearly

Qualcomm positive on Trump administration as it sees growth in chip sales
Updated On : 20 Nov 2024 | 10:28 AM IST

Nvidia partners with Google to design quantum computing processors

Nvidia, the world's most valuable company, believes its technology will help Google sort out one thorny issue

Nvidia partners with Google to design quantum computing processors
Updated On : 19 Nov 2024 | 8:39 AM IST

US signs $6.6 bn semiconductor chip subsidy for TSMC before Trump's return

In April, TSMC agreed to expand its planned investment by $25 billion to $65 billion and to add a third Arizona fab by 2030

US signs $6.6 bn semiconductor chip subsidy for TSMC before Trump's return
Updated On : 15 Nov 2024 | 5:52 PM IST

In addition to services, we should become product nation: HCL co-founder

Ajai Chowdhry tells that India's strength is in design but it is used by global companies to develop their products in India, which needs to change

In addition to services, we should become product nation: HCL co-founder
Updated On : 14 Nov 2024 | 11:31 PM IST

Taiwan central bank chief doubts Trump may penalise nation for chip biz

Taking lawmaker questions, Taiwan central bank governor Yang Chin-long said that the semiconductors and other tech products manufactured on the island are materials of such strategic importance

Taiwan central bank chief doubts Trump may penalise nation for chip biz
Updated On : 14 Nov 2024 | 12:22 PM IST

TSMC chip curbs undermine interests of Taiwan companies, says China

TSMC a few weeks ago notified the Commerce Department that one of its chips had been found in a Huawei AI processor

TSMC chip curbs undermine interests of Taiwan companies, says China
Updated On : 13 Nov 2024 | 10:52 AM IST